November 29, 2010

VIA EDGAR

Securities and Exchange Commission
100 F Street NE
Washington, D.C. 20549

RE:		Gabelli 787 Fund, Inc.
		File No.: 811-22041
		The Gabelli Asset Fund
		File No.: 811-04494
		The Gabelli Blue Chip Value Fund
		File No.: 811-09377		GAMCO International Growth Fund, Inc.
		Gabelli Capital Series Funds, Inc.		File No.: 811-08560
		File No.: 811-07644		Gabelli Investor Funds, Inc.
		Comstock Funds, Inc.		File No.: 811-07326
		File No.: 811-05502		The GAMCO Mathers Fund
		The Gabelli Convertible and Income Securities Fund Inc.		File No.: 811-01311
		File No.: 811-05715		The Gabelli Global Utility & Income Trust
		Gabelli Equity Series Funds, Inc.		File No.: 811-21529
		File No.: 811-06367		The Gabelli Money Market Funds
		The Gabelli Equity Trust Inc.		File No.: 811-06687
		File No.: 811-04700		The Gabelli Dividend & Income Trust
		The Gabelli Global Deal Fund		File No.: 811-21423
		File No.: 811-21969		The Gabelli Utilities Fund
		The Gabelli Global Multimedia Trust Inc.		File No.: 811-09397
		File No.: 811-08476		The Gabelli Utility Trust
		GAMCO Global Series Funds, Inc.		File No.: 811-09243
		File No.: 811-07896		The Gabelli Value Fund Inc.
		GAMCO Gold Fund, Inc.		File No.: 811-05848
		File No.: 811-08518		The GAMCO Westwood Funds
		The GAMCO Growth Fund		File No.: 811-04719
		File No.: 811-04873		The Gabelli Healthcare & WellnessRx Trust
		The Gabelli Global Gold, Natural Resources & Income Trust		File No.: 811-22021
		File No.: 811-21698		The Gabelli SRI Green Fund, Inc.
				File No.: 811-22026
				(the “Funds”)

Dear Staff Member:

     Pursuant to Rule 17g-1(g)(1) under the Investment Company Act of 1940, as amended, enclosed for filing on behalf of the above-referenced Funds please find (i) one copy of a rider for an increase in coverage (effective on October 14, 2010) for their joint fidelity bond (the “Joint Bond”) for the policy period from December 7, 2009 to December 7, 2010, such policy being maintained through Travelers-St. Paul Fire and Marine Insurance Company, (ii) an Assistant Secretary’s Certificate certifying the resolutions adopted by each Fund’s Board Members approving the amount, type, form and coverage of the Joint Bond and the portion of the premium to be paid by the Funds and (iii) the Amended and Restated Joint Insured Agreement among the Funds and the other insureds on the Joint Bond.

     There is no premium payment associated with this increase in coverage for the policy period.

Very truly yours,

/s/ Helen A. Robichaud
Helen A. Robichaud
Assistant Secretary
Gabelli 787 Fund, Inc.				The Gabelli Blue Chip Value Fund
The Gabelli Asset Fund				The Gabelli Convertible and Income Securities Fund Inc.
Gabelli Capital Series Funds, Inc.				The Gabelli Dividend & Income Trust
Comstock Funds, Inc.				The Gabelli Equity Trust Inc.
Gabelli Equity Series Funds, Inc.				The Gabelli Global Deal Fund
GAMCO Global Series Funds, Inc.				The Gabelli Global Gold, Natural The Resources & Income Trust
GAMCO Gold Fund, Inc.				The Gabelli Global Multimedia Trust Inc.
GAMCO Growth Fund				The Gabelli Global Utility & Income Trust
The Gabelli Healthcare & WellnessRx Trust				The Gabelli Utilities Fund
GAMCO International Growth Fund, Inc.				The Gabelli Utility Trust
Gabelli Investor Funds, Inc.
The GAMCO Mathers Fund
The Gabelli Money Market Funds
The Gabelli SRI Green Fund, Inc.
The Gabelli Value Fund Inc.
The GAMCO Westwood Funds

Enclosures

		Blair A Puscas Travelers Bond & Financial Products 485 Lexington Avenue New York, NY 10017 Phone: 917.778.6010 Fax: 877.872.5932 E-Mail: bpuscas@travelers.com

Date:		October 20, 2010
To:		Paul J. Bertolotti
		Marsh — FINPRO
		1166 Avenue of the Americas – 37th Floor
		New York, NY 10036
Re:		The Gabelli Funds, LLC
		One Corporate Center
		Rye, NY 10580-1422
		Investment Company Blanket Bond – Bond Change Confirmation

Paul,

On behalf of Travelers, I am pleased to provide the following confirmation of policy changes for the Investment Company Blanket Bond.

Current Bond Term:		12/7/2009 – 12/7/2010
Premium:		$59,300*

Company:		St. Paul Fire and Marine Insurance Company
		(An admitted company rated “A+” by A.M. Best)
Form:		ICB001, ICB005 – Investment Company Blanket Bond

Insuring Agreements		Single Loss Limit				Deductible
A. Fidelity		$	23,300,000	**		$	Nil^
B. Audit Expense		$	50,000			$	5,000
C. Premises		$	23,300,000	**		$	0
D. Transit		$	23,300,000	**		$	0
E. Forgery or Alteration		$	23,300,000	**		$	10,000
F. Securities		$	23,300,000	**		$	10,000
G. Counterfeit Currency		$	23,300,000	**		$	10,000
H. Stop Payment		$	25,000			$	5,000
I. Uncollectible Items of Deposit		$	25,000			$	5,000
Optional Coverages Added by Rider:
J. Computer Systems		$	23,300,000	**		$	25,000
K. Unauthorized Signatures		$	25,000			$	5,000
L. Tele-facsimile		$	23,300,000	**		$	10,000
M. Automated Phone Systems		$	23,300,000	**		$	10,000
N. Voice Initiated Transactions		$	23,300,000	**		$	10,000

Riders

			1.			ICB001- Declarations
			2.			ICB010- Named Insured Endorsement to Include:
						The Gabelli ABC Fund
						The Gabelli Asset Fund
						The Gabelli Blue Chip Value Fund
						The Gabelli Capital Asset Fund
						Comstock Funds
								Comstock Capital Value Fund
								Comstock Strategy Fund
						Gabelli Enterprise Mergers and Acquisitions Fund
						Gabelli Equity Series Funds
								The Gabelli Equity Income Fund
								The Gabelli Small Cap Growth Fund
								The Gabelli Woodland Small Cap Value Fund
						The GAMBCO Global Series Funds
								The GAMCO Global Convertible Securities Fund
								The GAMCO Global Growth Fund
								The GAMCO Global Opportunity Fund
								The GAMCO Global Telecommunications Fund
						GAMCO Gold Fund, Inc.
						The GAMCO Growth Fund
						GAMCO International Growth Fund, Inc.
						The GAMCO Mathers Fund
						Gabelli SRI Green Fund Inc.
						The Gabelli U.S. Treasury Money Market Fund
						The Gabelli Utilities Fund
						The Gabelli Value Fund, Inc.
						GAMCO Westwood Funds
								GAMCO Westwood Balanced Fund
								GAMCO Westwood Equity Fund
								GAMCO Westwood Income Fund
								GAMCO Westwood Intermediate Bond Fund
								GAMCO Westwood Mighty Mites Fund
								GAMCO Westwood SmallCap Equity Fund
						The Gabelli Convertible & Income
						The Gabelli Dividend & Income Trust
						The Gabelli Equity Trust Inc.
						The Gabelli Global Deal Fund
						The Gabelli Global Gold, Natural Resources & Income Trust
						The Gabelli Global Multimedia Trust Inc.
						The Gabelli Healthcare & Wellness Rx Trust
						The Gabelli Utitlity Trust
						The Gabelli Global Utility & Income Trust***
			3.			ICB011- Computer Systems
			4.			ICB012- Unauthorized Signatures
			5.			ICB013- Telefacsimile Transactions
			6.			ICB014- Voice Initiated Transactions
			7.			ICB019- Automated Phone Systems
			8.			ICB016- Amend Def of Investment Co
			9.			ICB026- Added Exclusions (n) & (o)
			10.			ICB057- New York

			11.			MEL2555- Designated Persons For Discovery of Loss
			12.			MEL3281- Termination “90 days”
			13.			MEL7027- Replace Insuring Agreement (A) Fidelity
			14.			ND044 and ND 059

As agreed, the Named Insured Endorsement on the current Investment Company Blanket Bond will be condensed to a single endorsement and include all entities listed above. The effective date will be 12/7/2009.

As the broker, it is your responsibility to arrange for the payment of the state taxes and/or any stamping fees on this policy.

We thank you for this opportunity to be of service to you. Should you have any questions or comments regarding this confirmation of changes to the Investment Company Blanket Bond please contact me at 917.778.6010.

Sincerely,

Blair A Puscas
Associate Account Executive

Travelers
Bond & Financial Products
Financial Institutions
485 Lexington Avenue
New York, NY 10017
Phone: 917.778.6010
Fax: 877.872.5932

SECRETARY’S CERTIFICATE

The undersigned hereby certify that the following resolutions have been adopted first by those Board Member who are not considered to be “interested persons,” as defined in the Investment Company Act of 1940, as amended (the “1940 Act”)(“Independent Board Members”) voting separately, and then by the entire Board of each Fund, at the respective meetings duly called and held on November 16 and 17, 2010:

		RESOLVED,		That after having given due consideration to all relevant factors, the Board Members, including all of the Independent Board Members, hereby approve the amendment to the existing joint fidelity bond coverage with Travelers-St. Paul Fire & Marine Insurance Company, and ratify, confirm and approve an increase in the amount of coverage under said joint Fidelity Bond from $23,300,000 to $23,475,000 which became effective on October 14, 2010; and further
		RESOLVED,		That the portion of the increased premium for the aforementioned joint insured fidelity bond to be paid by the Fund, if any, is hereby approved, taking into consideration, among other things, the number of parties named as insureds; the nature of the business activities of such other parties; the amount of the joint insured bond; the amount of the premium for such bond; the ratable allocation of the premium among all parties named as insureds; and the extent to which the share of the premium allocated to the Fund is less than the premium the Fund would have had to pay if it had provided and maintained a single insured bond; and further
		RESOLVED,		That the Secretary of the Fund is hereby authorized and directed to prepare, execute and file such supplements to the fidelity bond, and to take such action as may be necessary or appropriate in order to conform the terms of the fidelity bond coverage to the provisions of the 1940 Act, and the rules and regulations promulgated thereunder.

IN WITNESS WHEREOF, the undersigned has hereunto set his/her hand this 29^th day of November, 2010.

/s/ Bruce N. Alpert		/s/ Agnes Mullady
Bruce N. Alpert Secretary Gabelli 787 Fund, Inc. The Gabelli Asset Fund Gabelli Capital Series Funds, Inc. Comstock Funds, Inc.		Agnes Mullady Secretary The Gabelli Blue Chip Value Fund The Gabelli Convertible and Income Securities Fund Inc. The Gabelli Dividend & Income Trust

Gabelli Equity Series Funds, Inc. GAMCO Global Series Funds, Inc. GAMCO Gold Fund, Inc. The GAMCO Growth Fund The Gabelli Healthcare & WellnessRx Trust GAMCO International Growth Fund, Inc. Gabelli Investor Funds, Inc. The GAMCO Mathers Fund The Gabelli Money Market Funds The Gabelli SRI Green Fund, Inc. The Gabelli Value Fund Inc. The GAMCO Westwood Funds		The Gabelli Equity Trust Inc. The Gabelli Global Deal Fund The Gabelli Global Gold, Natural Resources & Income Trust The Gabelli Global Multimedia Trust Inc. The Gabelli Global Utility & Income Trust The Gabelli Utilities Fund The Gabelli Utility Trust

AMENDED AND RESTATED
JOINT INSURED AGREEMENT

     AGREEMENT dated December 1, 1999, as most recently amended as of November 17, 2009, among the registered investment companies advised by Gabelli Funds, LLC, Teton Advisors, Inc. and Gabelli Fixed Income LLC (together, the “Advisers”) which are listed on Schedule A attached hereto (collectively, the “Funds”).

     WHEREAS, each of the Funds is named as an insured in an investment company blanket bond (the “Fidelity Bond”) which is intended to be in full compliance with Rule 17g-1 under the Investment Company Act of 1940, as amended; and

     WHEREAS, the Funds desire to enter into an agreement in order to meet the requirements of Rule 17g-1 and to assure that premiums payable with respect to the Fidelity Bond and payments by the Insurer with respect to the Fidelity Bond are allocated in a fair and equitable manner;

     Now, THEREFORE, the Funds do hereby agree as follows:

     1. Each Fund shall maintain a minimum amount of fidelity insurance one level higher than that specified for its asset size by the table contained in Rule 17g-1(d) (the “Minimum Insurance”). Each Fund shall aggregate the assets of all of its series to calculate the amount of coverage required by Rule 17g-1(d). Notwithstanding the foregoing, no Fund shall be required to increase the amount of its fidelity insurance unless and until the aggregate amount of fidelity insurance maintained by the Funds exceeds the aggregate amount of fidelity insurance the Funds are required to maintain pursuant to the table contained in Rule 17g-1(d) by $2 million or less.

     2. The allocation of the premium to each Fund shall be based on the proportionate share of the sum of the premiums that would have been paid if fidelity insurance was purchased separately by the Funds, and will be based upon the relative Minimum Insurance percentages of the Funds as of the quarter ending prior to the beginning of the first month in the period for which the coverage is obtained, subject to paragraph 4 below.

     3. Each Fund is guaranteed a minimum coverage amount with access to the remainder of the total coverage of the Fidelity Bond. In the event that any recovery is received under the Fidelity Bond as a result of the loss sustained by two or more Funds, each Fund shall receive an equitable and proportionate share of the recovery, but in no event less than the amount it would have received had it maintained a single insured bond with minimum coverage.

     4. Each Fund may, at any time, increase its allocation described in paragraph 2 upon payment of the premium required for such additional insurance provided that the face amount of the Fidelity Bond can increase accordingly or be supplemented by a policy of excess insurance.

     5. Any other registered investment company or additional series of such an investment company for which the Advisers or their affiliates serves as investment adviser (“Additional Fund”) may become a party to this Agreement by executing a copy of this Agreement (a copy of which will be furnished to each of the Funds) and by paying the premium for any required increase in the amount of the Fidelity Bond if the underwriter of the Fidelity Bond is willing to add such Additional Fund as an additional insured and increase the amount of total coverage by the amount of the Minimum Insurance required for such Additional Fund by the provisions hereof.

     6. The Agreement shall remain in effect for as long as two or more of the Funds (including any Additional Fund) are insured under the terms of the Fidelity Bond. Any Fund shall, however, have the right to terminate, at any time, its participation in the Fidelity Bond and in this Agreement provided that losses incurred prior to such termination shall be governed by the provision of this Agreement and the amount of any return premium to which such Fund shall be entitled will be limited to the amount actually obtained from the underwriter in respect of such termination.

Signed:		/s/ Bruce N. Alpert   Bruce N. Alpert

President, The Gabelli Asset Fund
President, The Gabelli Blue Chip Value Fund
President, Gabelli Capital Series Funds, Inc.
Executive Vice President, Comstock Funds, Inc.
President, The Gabelli Convertible and Income Securities Fund Inc.
President, The Gabelli Dividend & Income Trust
President, Gabelli Equity Series Funds, Inc.
President, The Gabelli Equity Trust Inc.
President, The Gabelli Global Deal Fund
President, The Gabelli Global Gold, Natural Resources & Income Trust
President, The Gabelli Global Multimedia Trust Inc.
President, GAMCO Global Series Funds, Inc.
President, The Gabelli Global Utility & Income Trust
President, GAMCO Gold Fund, Inc.
President, The GAMCO Growth Fund
President, GAMCO International Growth Fund, Inc.
President, Gabelli Investor Funds, Inc.
Executive Vice President, The GAMCO Mathers Fund
President, The Gabelli Money Market Funds
President, The Gabelli Natural Resources, Gold & Income Trust
President, The Gabelli SRI Fund, Inc.
President, The Gabelli Utilities Fund
President, The Gabelli Utility Trust
President, The Gabelli Value Fund Inc.
President, The GAMCO Westwood Funds
President, Gabelli 787 Fund, Inc.

Signed:		/s/ Agnes Mullady   Agnes Mullady

                President, The Gabelli Healthcare & Wellness^(Rx) Trust

Schedule A

List of Registered Investment Companies

The Gabelli Asset Fund
The Gabelli Blue Chip Value Fund
The Gabelli Convertible Securities and Income Securities Fund Inc.
The Gabelli Dividend & Income Trust
The Gabelli Equity Trust Inc.
The Gabelli Global Deal Fund
The Gabelli Global Gold, Natural Resources & Income Trust
The Gabelli Healthcare & Wellness(Rx) Trust
The Gabelli Global Multimedia Trust Inc.
The Gabelli Global Utility & Income Trust
GAMCO Gold Fund, Inc.
The GAMCO Growth Fund
GAMCO International Growth Fund, Inc.
The GAMCO Mathers Fund
The Gabelli Natural Resources, Gold & Income Trust
The Gabelli SRI Fund, Inc.
The Gabelli Utilities Fund
The Gabelli Utility Trust
The Gabelli Value Fund Inc.

Gabelli Capital Series Funds, Inc.:

The Gabelli Capital Asset Fund

Comstock Funds, Inc.

Comstock Capital Value Fund

Gabelli Equity Series Funds, Inc.:

The Gabelli Equity Income Fund
The Gabelli Small Cap Growth Fund
The Gabelli Woodland Small Cap Value Fund

GAMCO Global Series Funds, Inc.:

The GAMCO Global Telecommunications Fund
The GAMCO Global Convertible Securities Fund
The GAMCO Global Growth Fund
The GAMCO Global Opportunity Fund

Gabelli Investor Funds, Inc.:

The Gabelli ABC Fund

The Gabelli Money Market Funds:

The Gabelli U.S. Treasury Money Market Fund

The GAMCO Westwood Funds:

GAMCO Westwood Equity Fund
GAMCO Westwood Intermediate Bond Fund
GAMCO Westwood Balanced Fund
GAMCO Westwood SmallCap Equity Fund
GAMCO Westwood Income Fund
GAMCO Westwood Mighty Mites Fund

Gabelli 787 Fund, Inc.

Gabelli Enterprise Mergers and Acquisitions Fund

November 17, 2009